Oil & gas news
New direct connection to Lea County aims to open up Permian Basin
After a recently completed expansion of the regional airport, Lea County will be augmenting the existing non-stop United Express daily flight service to Houston with a new route to Denver, Colorado which begins on 27 October.
Equinor finalises sale of shares in Lundin Petroleum and acquisition of further direct interest in Johan Sverdrup field
Equinor has divested a 16% shareholding in Lundin for a direct interest of 2.6% in the Johan Sverdrup field and a cash consideration of approximately US$650 million.
PGNiG commences first drilling as operator in Norwegian Sea
The exploration well being drilled is in licence area PL838 (the Shrek prospect) on the Norwegian Continental Shelf.
Neodrill to provide Cambo field optimisation study for Siccar Point Energy
The study will investigate the size of Neodrill's CAN-ductor technology relative to its load capacity.
Boskalis Subsea Services seeks to build new relationships
The subsea construction company has achieved a number of recent contract awards, totalling in excess of £100 million.
SPX FLOW to showcase flow solutions at Offshore Europe
A number of the company's physical products, including pumps and a chemical injection system, will be on display at Offshore Europe next month.
Siccar Point Energy awards FEED contract to Sembcorp Marine for Cambo field
The contract is for the design of a Sevan cylindrical floating production, storage and offloading (FPSO) unit.
ESAI Energy: China's tariff on US crude likely to have little impact
The 5% tariff announced last Friday is the first time that Beijing has targeted crude oil.
Enverus acquires geological well datasets from Reservoir Visualization
The acquisition of approximately 200 000 datasets quadruples Enverus’ interpreted well log catalogue.
Union Jack Oil says West Newton represents "significant oil and gas discovery"
Evaluation of the West Newton A-2 openhole data has identified an estimated gross hydrocarbon column of approximately 65 m in the Kirkham Abbey formation.